Question

explain the concept of globalisation​

Answer 1

Answer:

Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.

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Answer 2

Answer:

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After the

end of the Cold War, trade and economic

relations between countries became more

open. As been mentioned before, capital,

labour, markets and information began

circulating globally. The give and take of

ideas among people all over the world

grew. Due to the revolution in information

technology, different

and

developments began to be known

everywhere. The boundaries between

nations did not remain as Sacrosanct as

they were before. All these processes are

together called globalisation.